Global sukuk sales to fall again in 2009

From Reuters: Islamic bond sales are likely to drop this year from 2008 although local currency issuances will help support markets hit by the credit crisis, the Asian arm of Kuwait’s top sharia lender said on Wednesday.

Plummeting property prices in key Islamic financial centres such as Dubai are tightening the screws on the $1 trillion industry and putting it to its biggest test in its 30-year history….. Full Article: Source